Energy✦ New topic
subsidies
noun
Definition
Financial support provided by governments to support energy production or reduce consumer costs.
In a sentence
“Removing fossil fuel subsidies is considered a key step in accelerating the transition to clean energy.”
Synonyms
grantsfinancial supportincentives
Common collocations
- energy subsidies
- fossil fuel subsidies
- renewable energy subsidies
More from Energy
fossil fuels
noun
Natural fuels formed from the remains of living organisms, including coal, oil, and natural gas.
carbon neutral
adjective
Achieving a balance between emitting and absorbing carbon from the atmosphere.
grid
noun
A network of electricity lines and equipment used to distribute power across a region.
solar panel
noun
A panel designed to absorb the sun's rays and convert them into electricity.